Last Updated: April 23, 2020
The events surrounding the COVID-19 pandemic continue to evolve rapidly. Caterpillar’s dedication and service to the safety, health and well-being of our team and the communities they serve remain strong. In these unparalleled times, a number of governments continue to classify operations such as ours as essential activity for critical infrastructure. Customers use Caterpillar machines, engines and parts to provide electric and stand-by power for hospitals, grocery stores and data centers; transport food and critical supplies on the roads, rails and ships; mine commodities and extract the fuels essential to energy providers. Caterpillar is working to help ensure uninterrupted access to the products and services our customers need to get their jobs done in difficult times.
Caterpillar is taking appropriate precautions and implementing safeguards to protect our employees while they continue to provide the world what it needs. We have increased the frequency of cleaning and disinfecting facilities with special attention to common areas, we are following social distancing practices, and we are implementing other measures consistent with specific regulatory requirements and guidance from health authorities.
In addition to the direct efforts of our employees, the Caterpillar Foundation has also committed $10 million to directly support global COVID-19 response activities and help organizations that have been impacted. The investment is intended to have a global impact supporting the world’s most pressing needs by partnering with United Nations Foundation and the World Health Organization Solidarity Response Fund. At the same time, we’re supporting local communities by engaging facilities to donate to local charities in an effort to create the biggest impact in our own backyards, including providing millions of meals for people in need.
In addition, the Foundation is partnering with organizations to provide resources to hospitals, medical staff and patients, as well as enabling online STEM and coding education for youth impacted by school closures. The Foundation also expanded its existing U.S. Matching Gifts Program for a limited time to provide a 2:1 match on employee and retiree donations to eligible nonprofits. Due to the incredible outpouring of support from employees and retirees, the Foundation raised its initial matching gift cap from $1 million to a total of $2.5 million. From foodbanks to hospitals to educational and international development organizations, these gifts are making a difference in the communities where we live and work, keeping them safe and strong during this pandemic.
Looking ahead, we will continue to monitor the situation closely and act with urgency. Caterpillar has faced and overcome many challenges in our nearly 100-year history. Our dedicated employees and dealers around the world will continue to do our best to serve our customers and the needs of our global community during this unprecedented time.
To all our employees who are doing the work to support communities by maintaining production and distribution for essential infrastructure needs around the world, keeping our facilities and co-workers safe, continuing your work to help our customers and helping local charities serve important needs where you work and live, we thank you.
We know the work has changed during the global COVID-19 pandemic. We’re here to help with resources like dealer and customer support information, financial assistance, online tools and more.
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Our employees and our dealer network around the globe are doing what they can to help fight the spread of COVID-19.
I would like to thank Caterpillar employees around the world for enabling our customers to continue providing the critical infrastructure essential to fight the global pandemic.
Chairman and CEO